BYRNA TECHNOLOGIES INC (BYRN)
US12448X2018 - Common Stock
BYRN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 65 industry peers in the Aerospace & Defense industry. BYRN has a great financial health rating, but its profitability evaluates not so good. BYRN shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
BYRN had positive earnings in the past year.
BYRN had a positive operating cash flow in the past year.
BYRN had negative earnings in each of the past 5 years.
In multiple years BYRN reported negative operating cash flow during the last 5 years.
1.2 Ratios
BYRN's Return On Assets of 3.88% is in line compared to the rest of the industry. BYRN outperforms 55.38% of its industry peers.
Looking at the Return On Equity, with a value of 5.14%, BYRN is in line with its industry, outperforming 50.77% of the companies in the same industry.
With a Return On Invested Capital value of 2.90%, BYRN perfoms like the industry average, outperforming 43.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 5.14% | ||
| ROIC | 2.9% |
ROA(3y)-11.75%
ROA(5y)-43.58%
ROE(3y)-14.35%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BYRN has a Profit Margin of 3.12%. This is comparable to the rest of the industry: BYRN outperforms 47.69% of its industry peers.
The Operating Margin of BYRN (2.33%) is comparable to the rest of the industry.
BYRN's Gross Margin of 60.28% is amongst the best of the industry. BYRN outperforms 95.38% of its industry peers.
BYRN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.33% | ||
| PM (TTM) | 3.12% | ||
| GM | 60.28% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.95%
GM growth 5Y18.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BYRN is destroying value.
The number of shares outstanding for BYRN has been increased compared to 1 year ago.
Compared to 5 years ago, BYRN has more shares outstanding
There is no outstanding debt for BYRN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
BYRN has an Altman-Z score of 28.31. This indicates that BYRN is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 28.31, BYRN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
There is no outstanding debt for BYRN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 28.31 |
ROIC/WACC0.3
WACC9.68%
2.3 Liquidity
A Current Ratio of 3.51 indicates that BYRN has no problem at all paying its short term obligations.
The Current ratio of BYRN (3.51) is better than 81.54% of its industry peers.
A Quick Ratio of 1.93 indicates that BYRN should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.93, BYRN is doing good in the industry, outperforming 73.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.51 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
BYRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 600.00%, which is quite impressive.
BYRN shows a strong growth in Revenue. In the last year, the Revenue has grown by 70.62%.
Measured over the past years, BYRN shows a very strong growth in Revenue. The Revenue has been growing by 179.50% on average per year.
EPS 1Y (TTM)600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%133.33%
Revenue 1Y (TTM)70.62%
Revenue growth 3Y37.04%
Revenue growth 5Y179.5%
Sales Q2Q%194.34%
3.2 Future
Based on estimates for the next years, BYRN will show a very strong growth in Earnings Per Share. The EPS will grow by 71.15% on average per year.
BYRN is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 36.97% yearly.
EPS Next Y257.64%
EPS Next 2Y150.49%
EPS Next 3Y71.15%
EPS Next 5YN/A
Revenue Next Year113.98%
Revenue Next 2Y66.29%
Revenue Next 3Y49.91%
Revenue Next 5Y36.97%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
BYRN is valuated quite expensively with a Price/Earnings ratio of 147.80.
Compared to the rest of the industry, the Price/Earnings ratio of BYRN is on the same level as its industry peers.
When comparing the Price/Earnings ratio of BYRN to the average of the S&P500 Index (27.73), we can say BYRN is valued expensively.
The Price/Forward Earnings ratio is 62.86, which means the current valuation is very expensive for BYRN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BYRN is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of BYRN to the average of the S&P500 Index (22.83), we can say BYRN is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 147.8 | ||
| Fwd PE | 62.86 |
4.2 Price Multiples
61.54% of the companies in the same industry are cheaper than BYRN, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BYRN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.9 | ||
| EV/EBITDA | 206.42 |
4.3 Compensation for Growth
BYRN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BYRN's earnings are expected to grow with 71.15% in the coming years.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2Y150.49%
EPS Next 3Y71.15%
5. Dividend
5.1 Amount
No dividends for BYRN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BYRNA TECHNOLOGIES INC
NASDAQ:BYRN (12/20/2024, 8:00:01 PM)
After market: 28.157 -1.4 (-4.75%)29.56
+1.11 (+3.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners40.13%
Inst Owner Change5.53%
Ins Owners19.4%
Ins Owner Change-0.72%
Market Cap672.79M
Analysts81.82
Price Target23.14 (-21.72%)
Short Float %15.81%
Short Ratio4.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)140.02%
Min EPS beat(2)47.04%
Max EPS beat(2)233%
EPS beat(4)3
Avg EPS beat(4)68.48%
Min EPS beat(4)-198.04%
Max EPS beat(4)233%
EPS beat(8)5
Avg EPS beat(8)-42.67%
EPS beat(12)6
Avg EPS beat(12)-43.53%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.75%
Min Revenue beat(2)-1.7%
Max Revenue beat(2)5.2%
Revenue beat(4)3
Avg Revenue beat(4)15.85%
Min Revenue beat(4)-1.7%
Max Revenue beat(4)42.11%
Revenue beat(8)3
Avg Revenue beat(8)-0.17%
Revenue beat(12)4
Avg Revenue beat(12)-1.99%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)25.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-52.77%
EPS NY rev (1m)0%
EPS NY rev (3m)50%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.01%
Revenue NY rev (1m)3.32%
Revenue NY rev (3m)11.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 147.8 | ||
| Fwd PE | 62.86 | ||
| P/S | 9.16 | ||
| P/FCF | 66.9 | ||
| P/OCF | 56.06 | ||
| P/B | 15.11 | ||
| P/tB | 17.3 | ||
| EV/EBITDA | 206.42 |
EPS(TTM)0.2
EY0.68%
EPS(NY)0.47
Fwd EY1.59%
FCF(TTM)0.44
FCFY1.49%
OCF(TTM)0.53
OCFY1.78%
SpS3.23
BVpS1.96
TBVpS1.71
PEG (NY)0.57
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 5.14% | ||
| ROCE | 3.67% | ||
| ROIC | 2.9% | ||
| ROICexc | 5.11% | ||
| ROICexgc | 6.51% | ||
| OM | 2.33% | ||
| PM (TTM) | 3.12% | ||
| GM | 60.28% | ||
| FCFM | 13.7% |
ROA(3y)-11.75%
ROA(5y)-43.58%
ROE(3y)-14.35%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.95%
GM growth 5Y18.23%
F-Score8
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 133.68% | ||
| Cap/Sales | 2.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 379.54% | ||
| Profit Quality | 439.13% | ||
| Current Ratio | 3.51 | ||
| Quick Ratio | 1.93 | ||
| Altman-Z | 28.31 |
F-Score8
WACC9.68%
ROIC/WACC0.3
Cap/Depr(3y)265.47%
Cap/Depr(5y)361.78%
Cap/Sales(3y)4.31%
Cap/Sales(5y)9.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%133.33%
EPS Next Y257.64%
EPS Next 2Y150.49%
EPS Next 3Y71.15%
EPS Next 5YN/A
Revenue 1Y (TTM)70.62%
Revenue growth 3Y37.04%
Revenue growth 5Y179.5%
Sales Q2Q%194.34%
Revenue Next Year113.98%
Revenue Next 2Y66.29%
Revenue Next 3Y49.91%
Revenue Next 5Y36.97%
EBIT growth 1Y124.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year207.22%
EBIT Next 3Y62.38%
EBIT Next 5Y47.42%
FCF growth 1Y159.01%
FCF growth 3Y39.12%
FCF growth 5YN/A
OCF growth 1Y186.09%
OCF growth 3Y15.29%
OCF growth 5YN/A